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Economist: high demand for purchase of foreign currency caused by the current circumstances

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rocky
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Economist: high demand for purchase of foreign currency caused by the current circumstances

Post by rocky on Sat 23 Aug 2014, 6:19 pm

Economist: high demand for purchase of foreign currency caused by the current circumstances

23/08/2014 06:29 



BAGHDAD / Source News / .. economic expert considered the appearance of Mohammed Saleh, Saturday, it's because of the current circumstances demand rose on the purchase of foreign currency and monetary policy to meet this demand and sale of foreign currency to meet the needs of the market to keep the exchange rate.

Saleh said in an interview with the Agency / Source News / "The central bank sales of foreign currency have risen dramatically in recent times because of the current circumstances, especially after the occupation of the three provinces by gangs" Daash "It is important in the export of oil and our economy depends on the sale of oil," noting that "Not in front of monetary policy, but the sell foreign currency to meet those needs to keep the exchange rate market."

He said economic expert said that "Iqbal citizen to buy the dollar because of the circumstances present and this has led to increased demand in the market," calling "the Central Bank" to fill the market need of foreign currency, because any failure to reduce the supply over the huge demand generates price last Therefore, we believe the sales price massive and monetary policy that meets this demand to keep the exchange rate. "Finished / Q 19. i

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